On July 1, 2011, Hawkeye Aviation leased two helicopters from Honnicutt Aircraft for an initial period of 12 months with a provision for a continuation on a month-to-month basis. The lease is properly classified as an operating lease. Lease payments are to be made as follows: First two months ...............................$15,000 per month Second three months ............................ 12,000 per month Third three months ............................. 10,000 per month Last four months ............................... 8,000 per month After the first year, the rent continues at $6,000 per month. Provide the entries required to record the lease payments for the first year on the books of (1)Hawkeye Aviation. (2)Honnicutt Aircraf